I'm a senior editor and the Shanghai bureau chief of Forbes magazine. Now in my 14th year at Forbes, I compile the Forbes China Rich List, Hong Kong Rich List and Taiwan Rich List. I was previously a correspondent for Bloomberg News in Taipei and Shanghai and for the Asian Wall Street Journal in Taipei. I'm a Massachusetts native, fluent Mandarin speaker, and hold degrees from the University of Vermont and the University of Wisconsin at Madison.

Wuhan Billionaire's Zall Development Says Profit Doubled In 1st Half

Net profit at Zall Development, a real estate developer led by Chinese billionaire businessman Yan Zhi, more than doubled to 733.6 million yuan in the first half of 2014 from 349 million yuan a year earlier, the company said in a statement Friday. Income gained on a revaluation of property in Wuhan and Tianjin.

Yan is the founder of Hong Kong-listed Zall, which is headquartered in Wuhan in central China’s Hubei Province. Zall’s most important property is the North Hankou International Trade Center, which has more than 20 separate whole shopping malls spread over a gross floor area of 3.5 million square meters.

Post Your Comment

Post Your Reply

Forbes writers have the ability to call out member comments they find particularly interesting. Called-out comments are highlighted across the Forbes network. You'll be notified if your comment is called out.